HOME LOANS

‘AAA’ has been doing home loans for over 30 years. We have access to over 100 lenders and shop to find the right product for your needs.

Congratulations to NSW Premier Gladys Berejiklian.

New NSW Premier Gladys Berejiklian and ‘AAA’ Managing Director at a function in 2016.

Gladys will no doubt be an inspirational leader to women who want to make a difference.

She’ll also become the second woman to serve in such a position in NSW – the first from the Liberal Party — and one of only a handful to have taken the top spot across the states and territories of Australia.


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Seniors Equity Finance

What is Seniors Equity Finance?
 
Following the Governments Negative Equity Pledge, seniors equity finance can be divided into two parts the first is when a senior wants to move to a retirement village or aged care facility and needs up to $850,000 for a refundable deposit to do so.
 
The easy fix is to sell your home, but now with the Governments pledge, it may be better for you to borrow the funds against your asset, get the care you want, but keep the family home.
 
The second part, is available to those of you who are still comfortable living at home but are asset rich and cash poor, you just need funds to continue your desired lifestyle including renovations, build a granny flat, purchase of new motor vehicles, travel or to consolidate debts.
 
How can AAA Seniors Equity Finance assist you?
 
We have a number of lenders in this particular field. Rates start at 5.99% for larger loans where applicants need a large deposit to get into retirement or nursing facilities.

Did you Know?

What affect does low inflation have on your household or business?

Well first, lets see what the Australian inflation figure is today, wow, 1% per annum, yes, the lowest since 1999.

I remember when inflation was 10%

When it was 10% the Reserve bank raised interest rates and at one stage we were paying 18-20% – who else remembers?

But right now, the Reserve Bank is considering lowering interest rates, in order to boost spending and boost growth in the Australian economy.

This is good for all of us with DEBT.

But not too good for retirees or people relying on investment income from their banks to pay for normal living expenses and outgoings.

When the 1% figure was announced over 60% of economists in Australia believe the Reserve Bank would lower the cash rate by 0.25%, but only yesterday (July 28th) news came out that finally the U.S.A was going to RAISE their interest rates.

What does this mean for their economy?

Well this means their economy is on the up, and when the USA coughs, Australia has a sneeze, now only 40% of Australian economists believe the Reserve Bank will lower rates next Tuesday.

So keep your ears open- what will the Reserve Bank decide next Tuesday afternoon?

What do you think?

So the cost of debt may come down next Tuesday, if this happens what can you do that will help your home and/or business cash flow?

Ring a credit (debt) advisor, consolidate – refinance your higher interest rate debt to a lower rate.

Until Next Time,

John